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Intangible Assets
12 Months Ended
Dec. 31, 2011
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]

Note 6
Acquired Intangible Assets

The Company accounts for intangible assets in accordance with FASB ASC 350, “Goodwill and Other Intangible Assets,” which requires that intangibles with indefinite useful lives be tested annually for impairment and those with finite useful lives be amortized over their useful lives. Details of the Company’s intangible assets are as follows:

December 31, 2011 December 31, 2010
Gross Carrying Accumulated Gross Carrying Accumulated
(In thousands) Amount Amortization Amount Amortization
Assets eligible for amortization:
       Customer List $ 750 $ (589 ) $ 750 $ (482 )
              Total 750 (589 ) 750 (482 )
Unamortized intangible assets:  
       Goodwill1   7,698 (227 ) 7,698 (227 )
              Total unamortized intangibles 7,698   (227 ) 7,698 (227 )
Total intangible assets       $      8,448       $      (816 )       $      8,448       $      (709 )
1       Amortization through December 31, 2001 prior to adoption of FASB ASC 350.

The customer list that was acquired in the NTransit purchase is amortized over seven years on a straight-line basis. The weighted average remaining amortization period at December 31, 2011 was two years for all amortized intangible assets combined. Amortization of intangible assets amounted to $107,000, $107,00 and $222,000 for the years ended December 31, 2011, 2010 and 2009, respectively. Estimated future amortization of intangibles is as follows: $107,000 in 2012 and $54,000 in 2013.